Article
Eat The Rich: Sanders And Khanna Introduce Federal Billionaires Tax
Eat The Rich: Sanders And Khanna Introduce Federal Billionaires Tax
Authored by Jonathan Turley,
“Enough is enough.” With those words, Senator Bernie Sanders (I., Vt) launched a push to impose a 5% annual wealth tax on America’s billionaires. With Rep. Ro Khanna (D., Cal.), the legislation, “Make Billionaires Pay Their Fair Share Act,” echoes the growing “eat-the-rich” mantra on the left — seeking to replicate a disastrous push in California that has led to an exodus from that state and an estimated loss of $2 trillion in taxable assets.
It is also flagrantly...
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PayPal Soars On Reported $53 Billion Buyout Bid From Stripe And Advent
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PayPal shares surged the most on record in premarket trading in New York after Reuters reported that payment company Stripe and private equity firm Advent International have offered more than $53 billion to acquire the struggling payments platform.
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Kalshi Bans 3 US Politicians For Betting On Their Own Election Races
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Authored by Stephen Katte via CoinTelegraph.com,
Two US congressional candidates and one sitting lawmaker have received fines and bans from Kalshi after they were found betting on the outcomes of their election races, as prediction market platforms crack down on insider trading.
Matt Klein, a sitting member of the Minnesota State Senate, was fined $539 for betting on his primary race in his bid for the US House of Representatives, which is set to take place in August. Ezekiel Enriquez, who ran...
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